And that 10% is not easily noticed by most voters: though the average household spends a fifth of its gross income on health, the lion's share of the fee paid to the doctor is met by the state insurance system and the rest, entirely or very largely, by supplementary private-sector insurance provided by employers and financed through payroll deductions.
The charges Boies referred to, according to Spitzer's office, were complaints that Greenberg and AIG had shortchanged the New York State Workers' Compensation system and had misled the state insurance department on matters of reserve reporting.
For decades, many insurers were content with this cozy system, since state insurance regulators were rarely seen as advocates of the consumer.
Medicare will become a second-tier insurance system, akin to state Medicaid programs.
Because bankruptcy laws attempt to overcome this market failure, they are, in effect, a state-imposed system of universal financial-distress insurance.
He has devised a plausible alternative to the current open-ended, state-financed system: government-funded vouchers toward buying insurance.
Nor is there any reason why the state should not help to organize a comprehensive system of social insurance in providing for those common hazards of life against which few can make adequate provision.
In October 1958, the State Council suspended the insurance industry, stating that, following the establishment of the commune system, insurance would no longer be needed.
In the state of Rhode Island, work sharing is a well-established part of the unemployment insurance system.
In this one particular state, the health insurance companies are the ones being positioned to best ensure that the whole system works as it should, and they will be both fair and efficient.
Under the changes, a self-employed worker who contributes to the social security system in one EU country, and then moves to another member state that does not have unemployment insurance for the self-employed will be able to claim unemployment benefit from the country where the worker was last based before becoming unemployed.
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